LERUCOM: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LERUCOM
Largest movements
- Receivables within one year +€45,327
up €45,327 (+1116.7%), from €4,059 to €49,386
of which Trade receivables: +€35,937
- Cash -€11,925
down €11,925 (-60.0%), from €19,876 to €7,951
mainly Contributions, distributions and other (-€52,188) and Receivables within one year (-€45,327)
- Tangible fixed assets -€773
down €773 (-19.7%), from €3,924 to €3,151
- Other debts +€37,000
up €37,000, from €0 to €37,000
- Reserves -€13,018
down €13,018 (-58.7%), from €22,188 to €9,169
- Tax, wage and social debts +€8,720
up €8,720 (+587.9%), from €1,483 to €10,203
- Gross operating margin +€20,871
up €20,871 (+66.7%), from €31,305 to €52,176
- Taxes +€3,146
up €3,146 (+41.8%), from €7,532 to €10,678
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,687 | €61,583 | +€32,897 | +114.7% |
| Fixed assets | 21/28 | €3,924 | €3,151 | -€773 | -19.7% |
| Tangible fixed assets | 22/27 | €3,924 | €3,151 | -€773 | -19.7% |
| Furniture and vehicles | 24 | €3,924 | €3,151 | -€773 | -19.7% |
| Current assets | 29/58 | €24,763 | €58,432 | +€33,669 | +136.0% |
| Amounts receivable within one year | 40/41 | €4,059 | €49,386 | +€45,327 | +1116.7% |
| Trade receivables | 40 | €363 | €36,300 | +€35,937 | +9900.0% |
| Other amounts receivable | 41 | €3,696 | €13,086 | +€9,390 | +254.0% |
| Cash at bank and in hand | 54/58 | €19,876 | €7,951 | -€11,925 | -60.0% |
| Deferred charges and accrued income | 490/1 | €828 | €1,095 | +€267 | +32.3% |
| Total equity and liabilities | 10/49 | €28,687 | €61,583 | +€32,897 | +114.7% |
| Equity | 10/15 | €25,688 | €12,669 | -€13,018 | -50.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €22,188 | €9,169 | -€13,018 | -58.7% |
| Distributable reserves | 133 | €22,188 | €9,169 | -€13,018 | -58.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,999 | €48,914 | +€45,915 | +1531.2% |
| Amounts payable within one year | 42/48 | €2,999 | €48,914 | +€45,915 | +1531.2% |
| Trade debts | 44 | €1,516 | €1,711 | +€195 | +12.9% |
| Suppliers | 440/4 | €1,516 | €1,711 | +€195 | +12.9% |
| Taxes, remuneration and social security | 45 | €1,483 | €10,203 | +€8,720 | +587.9% |
| Taxes | 450/3 | €1,483 | €10,203 | +€8,720 | +587.9% |
| Other amounts payable | 47/48 | €0 | €37,000 | +€37,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €286 | €773 | +€487 | +170.2% |
| Other operating charges | 640/8 | €237 | €167 | -€70 | -29.4% |
| Gross operating margin | 9900 | €31,305 | €52,176 | +€20,871 | +66.7% |
| Operating profit (loss) | 9901 | €30,782 | €51,236 | +€20,454 | +66.4% |
| Financial income | 75/76B | €93 | €1 | -€93 | -99.5% |
| Recurring financial income | 75 | €93 | €1 | -€93 | -99.5% |
| Financial charges | 65/66B | €885 | €1,389 | +€503 | +56.9% |
| Recurring financial charges | 65 | €885 | €1,389 | +€503 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €29,990 | €49,847 | +€19,857 | +66.2% |
| Income taxes | 67/77 | €7,532 | €10,678 | +€3,146 | +41.8% |
| Profit (loss) for the period | 9904 | €22,458 | €39,169 | +€16,711 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,458 | €39,169 | +€16,711 | +74.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.